Olectra Greentech files Business Responsibility and Sustainability Report for FY 2025-26
Olectra Greentech Limited has filed its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's operations in Electric Vehicles and Power Insulators, its market reach, and employee data. It emphasizes Olectra's commitment to corporate governance, ethical conduct, and sustainability initiatives including GHG emissions reduction and waste management.
The filing of a Business Responsibility and Sustainability Report is a standard regulatory requirement and does not directly impact the company's financial performance or operational strategy in the short term.
The announcement is a routine filing of a regulatory report (BRSR) and does not contain any new financial performance data or significant business developments that would indicate a positive or negative sentiment.
Olectra Greentech Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 to the BSE Limited and the National Stock Exchange of India Ltd. This report, filed pursuant to Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance and initiatives across various environmental, social, and governance parameters.
The BRSR for FY 2025-26 covers disclosures on the company's operations, including its business activities which are primarily focused on Electric Vehicles (EVs) manufacturing, operations, and annual maintenance (85.69% of turnover), and manufacturing of Polymer Insulators (14.31% of turnover). The report also details the company's market reach, serving 13 states in India and 1 country internationally for E-Vehicles, and PAN India plus 7 countries internationally for Insulators.
Key operational and employee data are presented, including details on permanent and other than permanent employees and workers. The report highlights the company's commitment to corporate governance, ethical conduct, and transparency, with various policies and training programs in place to ensure adherence. It also details the company's approach to sustainability, including initiatives related to GHG emissions, employee retention, business conduct, occupational health and safety, and waste management.
Furthermore, Olectra has outlined its processes for product end-of-life management, particularly for plastics and hazardous waste, and its compliance with Extended Producer Responsibility (EPR) for battery waste management. The report also provides an overview of its CSR activities and grievance redressal mechanisms for various stakeholders. The company's commitment to providing sustainable and safe goods and services is emphasized through its R&D and capital expenditure in green technologies and sustainable sourcing practices.
A plain-language summary of a public exchange filing by Olectra Greentech Limited. Read the original for the full detail.